You’re a lawyer, and you need to be able to make quick, informed decisions about your clients and their cases. But there’s just so much information out there. How can you possibly keep up?
It feels impossible to stay on top of everything between court transcripts, news articles, blog posts, and social media updates.
That’s where legal business intelligence software comes in. These powerful tools can help you sift through all the noise and focus on the most critical information for your case.
This blog post will introduce you to 10 of the best legal business intelligence software tools. With these applications, you’ll be able to make informed decisions quickly and efficiently, giving you the edge you need to win your case.
What is legal business intelligence software?
Legal business intelligence software is a type of software that helps law firms make sense of complex data. This software enables firms to make informed decisions about their businesses more efficiently.
In addition, by consolidating and organizing data in an easy-to-use interface, legal business intelligence software allows lawyers to focus on the most critical information for their cases.
1. LIT Dashboard
The LIT Dashboard is a legal business intelligence software solution offered by Litigation Services for law firms. It streamlines the litigation process and enhances the management of case data. Such software can significantly impact the results of legal cases by improving efficiency and effectiveness.
Key features
Critical features of litigation services software:
- Case management
- Document management
- Research and analyze data
- Review trends
Pricing
The software has not provided pricing details publicly. To get pricing details, contact the vendor directly.
Likes
It helps to automate the process of legal research and document production. That can save a lot of time and effort for lawyers and improve the accuracy of the research and documents.
It can help keep track of deadlines, court procedures, and other vital details. That information can be accessed quickly and easily, which can help avoid any potential problems or delays in proceedings.
Dislikes
It needs experts to adequately set up and maintain the system, the possibility of user error when inputting data, and possible security risks associated with storing sensitive information on an online platform.
User opinion
LIT Dashboard is an excellent tool for law firms. It allows you to keep track of all the essential information related to cases. That helps you make better decisions and provides an efficient way to handle litigation.
2. Coyote Analytics
Coyote Analytics is a software company specializing in law firms’ business intelligence. It is designed to help law firms make better decisions about their business.
The software includes several features that allow users to track and analyze data, including a client database, a matter management system, and a financial reporting tool.
Key features
- Understands important KPIs and metrics of law firms
- Analyzes trends
- Provides data analytics to make business decisions
Some screenshots of Coyote Analytics
Pricing
The vendor has not provided pricing on the website. You need to contact the vendor directly.
Likes
Automats many of the tasks that are traditionally performed manually (such as data entry, document review, etc.)
It helps your team to work more quickly and efficiently. That can save time and money and help you prepare your case more quickly.
It will help you organize your data in a way that makes sense for your specific case. That can make it easier to find what you need when you need it and help keep your case on track.
Dislikes
Coyote requires a lot of training and regular upkeep to function correctly. Additionally, if users do not input high-quality data, the software’s output will also be low-quality.
Other details
| Deployment | Cloud, SaaS, Web-Based |
| Supported device | Windows, Linux, Android, iPhone, iPad |
| Support | Email/Help Desk, FAQs/Forum, Knowledge Base, Phone Support, Chat |
| Training | In-Person, Live Online, Webinars, Documentation, Videos |
| Customer ratings | Capterra: 4.5 out of 5 (21+reviews), G2: 4.1 out of 5 (10+reviews) |
User opinion
Overall, Coyote Analytics is a handy tool for law firms. It allows users to track and analyze data in different ways, which can help them make better decisions about their business.
In addition, the software is very user-friendly and easy to navigate, offering many beneficial features for law firms.
3. Iridium BI
Iridium BI is a business intelligence software for law firms by Iridium technology that allows you to manage and track your law firm’s performance. It provides role-based reporting with an inherent dashboard.
(Iridium technology is taken over by Bighand.)
Key features
- Easily customizable dashboards
- Easily customizable reports
- Advanced analytics
- Advanced modules
- Financial management
- Revenue
- GL+Expense
Screenshots of Iridium
Pricing
The vendor does not disclose pricing. Contact the vendor directly for details.
Likes
- Reduced costs: By automating the process of managing and tracking legal cases, litigation services software can help law firms reduce their costs significantly.
- Increased efficiency: The use of software can help lawyers manage their caseload more efficiently, leading to increased profitability for the firm.
- Improved accuracy: Automated systems are often more accurate than manual systems, leading to fewer mistakes and less wasted time.
User opinion
Iridium BI is a law firm’s business intelligence software. It allows you to manage your caseloads and track billable hours more effectively.
The reporting features are also very helpful in getting a clear overview of your firm’s performance. We recommend this software to any law firm looking for a better way to manage its operations.
4. Aderant
Aderant Software is a leading business intelligence software for law firms. It offers a comprehensive suite of tools for managing cases, clients, and finances. Aderant is used by many of the world’s largest law firms, known for its ease of use and flexibility.
Key features
- Practice management
- Case management
- eBilling and analytics
- Knowledge management
- Time entry and compliance
Pricing
The vendor does not give pricing details. Contact the aderant for pricing details.
Likes
- Flexibility and scalability – The software can be configured to meet the specific needs of any law firm and can handle any size case or practice area.
- Ease of use – Lawyers and staff can quickly learn how to use the software, which helps to improve efficiency and reduce errors.
- Time tracking – The software automatically tracks time spent on cases, making it easier to bill clients accurately.
- Data management – The software organizes data to make it easy to find and use when needed. That helps improve decision-making and allows firms to respond quickly to changes in the marketplace.
Dislike
The software can be expensive for smaller firms.
User opinion
Overall, Aderant is a great business intelligence tool for law firms. It allows you to track performance and make data-driven decisions easily.
5. EZlytix
EZlytix is a business analytics tool that helps you make better decisions for your law firm. It provides meaningful insights into your law firm’s performance and allows you to track and monitor critical metrics.
Key features
- Dashboard view of your law firm’s performance
- Track and monitor key metrics
- Gain meaningful insights into your law firm’s performance
- Provides relevant and real-time insights
Screenshots of Ezlytix
Pricing
The vendor does not disclose pricing. Contact EZlytix for details.
Likes
- It helps you to understand your firm’s position
- Improves legal operations
- Provides user-friendly dashboard
- Gives real-time insights
- Analyzes the lead source and revenue
Dislikes
The software can sometimes be complex and require significant training for lawyers and staff.
Supported industries
- Manufacturing
- Retail
- Operations
Other details
| Deployment | Cloud, SaaS, Web-Based |
| Support | Email/Help Desk, FAQs/Forum, Knowledge Base, Phone Support |
| Training | In-person, Live Online |
| Customer ratings | Capterra: 4.7 out of 5 (6+reviews), G2: 5.0 out of 5 (2+reviews) |
User opinion
EZlytix is one of the best business analytics software tools out there. It’s easy to use, flexible, and helps you collect and analyze data quickly and easily. It’s an excellent tool for law firms who want to improve their business performance.
6. Westlaw (Edge)
Westlaw is a premier online source for lawyers and legal professionals, providing access to the largest collection of legal information.
It offers cases, regulations, secondary sources, practice areas, news briefs, trial court documents, public records, expert materials, and more. It also features first-of-its-kind AI-powered tools like intelligent document analysis to enhance research ability.
Features
- Advanced and Precision research
- A comprehensive collection of legal information
- Graphical view of history
- Allows users to save cases of interest and hide cases they have determined are irrelevant to current research.
- Outline builder
- Editorial enhancements- Dedicated attorney editors
Pricing
For pricing details, contact the company directly.
Likes
- Software is user-friendly
- Provides research capabilities and resource materials
Dislikes
- Pricing plans seem expensive for small businesses
- Problems with the user interface
Other details
| Deployment | Cloud, SaaS, Web-Based |
| Support | Email/Help Desk, Knowledge Base, Phone Support |
| Customer ratings | Capterra: 4.7 out of 5 (21+reviews), G2: 4.4 out of 5 (174+reviews) |
User opinion
Westlaw Edge is designed to help legal professionals quickly find what they need, with intelligent brief analysis tools and search capabilities powered by AI. It is used by attorneys and their firms and corporate and government lawyers.
7. Lexis Advance
Lexis helps primary researchers within the legal and professional fields locate pertinent data easily and quickly.
In addition, it aids you in taking up legal matters and transactions with confidence by giving access to more than 60,000 sources of legal, news, business, and public records information to develop a solid strategy and verify good law with Shepard’s Citations Service.
Features
- Pertinent information
- Research and analytics
- Good law
- Case law research
- Expanded Search Term Map
- Shepard’s Citations Service
- Litigation Analytics
- Research into action
- Jurisdictional and Practice area centers
- Legal news hub
- Access from anywhere, anytime, and on any device
Pricing
Lexis Packages for a three-year subscription
- For Online Research
- Basic – The pricing starts at $153 per month for one year, $138 per month with a 10% discount for two years, and $115 per month for three years with a 25% discount.
- State premium – The pricing starts at $340 per month for one year, $306 per month with a 10% discount for two years, and $255 per month for three years with a 25% discount.
- National premium – The pricing starts at $399 per month for one year, $359 per month with a 10% discount for two years, and $299 per month for three years with a 25% discount.
Likes
- Good accessibility
- Provides research and content library
- Detailed database
- Provides search tools
Dislikes
- Pricing is a little bit high.
Other details
| Deployment | Cloud, SaaS, Web-Based |
| Customer ratings | Capterra: 4.4 out of 5 (17+reviews), G2: 4.4 out of 5 (174+reviews) |
User opinion
Lexis Advance is a type of legal research software, a part of the comprehensive collection of tools for attorneys. This legal research platform offers a search tool that utilizes natural language or boolean searching to acquire data on various legal topics.
8. Casetext
Casetext introduces an AI legal assistant designed to enhance legal research and analysis with advanced artificial intelligence capabilities
This is a powerful tech platform for effective, efficient legal research, document generation, and more. It boasts a comprehensive database with one-of-a-kind search capabilities.
It provides access to all the proceedings in all 50 states and US federal courts, statutes, regulations, and rules with no shortage of data sources. In addition, Casetext’s innovative neural net technology and parallel search enable users to search how attorneys think.
Features
- AI/Machine Learning
- Parallel research
- Annotations
- Brief Analytics
- Case Alerts
- Case Law Research
- Change Tracking
- Data Visualization
- Search History
- Self-Service Search
- Statutes Research
Some screenshots of Casetext
Pricing
Pricing plans for single attorney license
- Monthly plans
- On-Demand: It is free
- Basic research: $220/month
- For CoCounsel, all access: $500/month
- Yearly plans
- On-Demand: It’s free
- Basic research: $110/month
- For CoCounsel, all access: $400/month
Likes
- The software is user-friendly
- Flexible pricing
Dislikes
- Lack of customization
- Lack of certain documents and material resources
Other details
| Deployment | Cloud, SaaS, Web-Based |
| Supported languages | English |
| Support | Email/Help Desk, FAQs/Forum, Knowledge Base, Phone Support, Chat |
| Training | Live Online, Webinars, Documentation, Videos |
| Customer ratings | Capterra: 4.8 out of 5(131+reviews), G2: 4.8 out of 5(73+reviews) |
User opinion
Casetext is a powerful, award-winning AI platform for smarter legal research and document drafting. It helps you conduct a quick search according to your thought process and obtain results from the common law or your firm’s documents.
In addition, the advanced parallel search allows users to retrieve lost keywords and search all about the law easily.
9. Bloomberg Law
Bloomberg Law provides cutting-edge legal technology, streamlined workflow tools, real-time news, primary and secondary sources, and business intelligence.
Features
- Deep expertise and powerful
- Legal AI tools
- Data analytics
- Existing subscribers can benefit from ongoing product improvements without additional cost.
- All our content is available on one platform with unlimited, unmetered access.
- Access to breaking news
Pricing
For pricing details, contact the company directly.
Likes
- Case law repository
- Easy to track cases
- Ease of search
- Interactive database
Dislikes
- No secondary sources and treatises
- Lacks detailed sources
- Lags during downloads
- Difficult to navigate
User opinion
Bloomberg Law offers one comprehensive platform with a single, fixed price and complete access to its ever-evolving library of innovative legal technology.
In addition, it provides access to its workflow tools, news items, a broad range of primary and secondary sources, and in-depth analytics.
10. (Cheetah) – Vital law
This platform helps legal professionals at law firms, general counsel offices, and corporate legal departments make decisions with data-driven tools. They provide research and analysis support to organizations to promote transparency, justice, and safety.
Features
- Kluwer arbitration
- Kluwer IP
- Agreement and Clause builder
- Enterprise legal management
- Daily reporting tool
Pricing
For pricing details, contact the company directly.
Likes
- Ease of use
- Convenient UI
Dislikes
- Limited features
- Restricted reporting capabilities
User opinion
Vitallaw provides legal professionals with data-driven resources to make informed decisions. It helps streamline research, analysis, and workflows to give organizations an advantage and help create more transparent and just societies.
It comes with advanced browsing, search, and collaboration abilities.
FAQs
What is the quality of the best legal business Intelligence software?
You can assess the quality of the best legal business Intelligence software in terms of its features and its benefits to users. The software should provide insights into various aspects of the business, such as performance, sales, and marketing. It should also help users make better decisions by providing actionable data-driven insights.
What are some of the benefits of using legal business intelligence software?
Some of the benefits are
-Improved decision-making
-Increased efficiency
-Better client service
What are some of the features of legal business intelligence software?
Some of the features include
-Data mining
-Data analysis
-Reporting
-Visualization tools
Conclusion
Legal business intelligence software is a must for any law firm looking to streamline operations and get ahead of the competition. We’ve outlined ten of the best legal business intelligence software programs on the market.
So do your research, find the right program, and watch your law firm take off!
References